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MI - Keyera sells new 10-year notes to refinance credit facility debt - June 2020
Keyera Corp. closed an offering of C$400 million ($298 million) principal amount of 3.959% senior unsecured notes due 2030 through a syndicate of underwriters on May 29. The Canadian company said it will use net proceeds to refinance short-term debt under its credit facility and for general corporate purposes, including funding capital expenditures and repayment of debt maturing this year. CIBC, National Bank Financial and RBC were lead underwriters. Other syndicate members were Altacorp,......
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